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ProShares UltraPro Short Russell 2000 Has Returned 38.8% Since SmarTrend Recommendation (SRTY)
Mar 06, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for ProShares UltraPro Short Russell 2000 (NYSE:SRTY) on November 23rd, 2012 at $40.78. In approximately 3 months, ProShares UltraPro Short Russell 2000 has returned 38.76% as of today's recent price of $24.97.
ProShares UltraPro Short Russell 2000 share prices have moved between a 52-week high of $61.43 and the current low of $24.85 and are currently at $24.97 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.8%.
ProShares UltraPro Short Russell2000 is an exchange-traded fund incorporated in the USA. The Fund seeks investment results which correspond to three times (300%) the inverse of the daily performance of the Russell 2000 Index.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of ProShares UltraPro Short Russell 2000.
Log in and add ProShares UltraPro Short Russell 2000 (SRTY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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